Logement: Projet Montréal veut protéger les maisons de chambres
AI Article Summary
Projet Montréal is introducing measures to protect rooming houses across Montreal, which are crucial as a last line of defense against homelessness. The party aims to prohibit their conversion into other housing types and transfer this responsibility to the central city government. Additionally, Projet Montréal seeks to use the right of first refusal to purchase these buildings and combat real estate speculation.
What This Means for Canadian Contractors
This project illustrates how the municipality might influence the residential market by prohibiting certain conversions, potentially impacting the demand for permits to repurpose rooming houses. For Quebec builders, this means a need to reassess acquisition and development strategies in light of new regulations. It may also affect financing and real estate price trends in the Montreal area.
